i thank my colleagues for being here than it is my honor chanters senator john mccain who needs no introduction. >> the always appreciates it. >> i would like to very briefly say, i thank the senator for his lead on this issue. our colleagues from the house who are joining us. i think that the senator pointed out the devastating effects of sequestration. if implemented it will cut every aircraft and ship, truck program, research and development across the board. secretary of defense panetta, a man that i admire greatly called sequestrations a meat axe approach. it is important to note that according to one economic analysis across the loss of 350,000 full-time direct jobs in 650,000 indirect jobs. .. >> because of our time and national defense that took place previously. we have seen this movie before. we lived in a dangerous world, more dangerous than any that i can remember since the end of the cold war. this is the wrong time for sequestration to take place. we should be able to sit down together and resolve this without asking the american people to have their taxes increased. i thank you.